Labor watchdog backs calls to increase minimum wage for Bangladeshi garment workers

The movement comes after apparel factory employees in Asian countries saw heavy pay decreases and lost work during the pandemic. 

By Natalie Schwartz • April 17, 2023

Walmart is selling Bonobos to Express, WHP Global for $75M

The retail giant paid more than four times that much when it acquired the DTC menswear brand six years ago.

By Daphne Howland • April 14, 2023

Explore the Trendline➔

Top 5 stories from Fashion Dive

Fashion faced its share of shakeups in the first half of 2024, but few industries are more adept at reinvention or more suited to change.

By Fashion Dive staff

LVMH’s revenue soars 17%, though signs point to a softening US luxury market

The luxury conglomerate attributed growth to easing coronavirus restrictions in Asia and new product releases across Louis Vuitton and Tiffany & Co.

By Natalie Schwartz • April 14, 2023

Investors are tightening their belts. How can fashion companies still get funding?

Startups can still appeal to venture capital firms by finding ways to lower their customer acquisition costs and focusing on sustainability, experts said.

By Natalie Schwartz • April 13, 2023

VF Corp. shakes up top leadership at Dickies, Altra and Smartwool

The company appointed Altra’s Todd Dalhausser to helm Dickies and made other executive changes as it attempts to find its footing after its former CEO abruptly resigned in December. 

By Natalie Schwartz • April 12, 2023

Golden Goose hits 500M euros in revenue in 2022

The sneaker brand said that direct-to-consumer sales now account for 70% of the company’s total revenue.

By Howard Ruben • April 10, 2023

Zegna Group reports robust earnings despite pandemic

The Italian luxury house, which went public in 2021, reported revenues of $1.6 billion for 2022 and said it’s on track to hit $2 billion by 2025.

By Lara Ewen • April 7, 2023

Nike’s longtime chief communications officer to retire in June

Nigel Powell has steered the company through thorny political issues, including by convincing the company to stand by football star and civil rights activist Colin Kaepernick.

By Natalie Schwartz • April 7, 2023

Levi’s gets a grip on inventory as denim rebounds

Promotions helped clear a glut, but hurt Q1 margins, as lower-income consumers continue to pull back. But the brand is taking market share.

By Daphne Howland • April 6, 2023

Clergerie seeks new backer as brand relaunch flounders

The French footwear company has been placed in receivership after struggling with the fallout of the pandemic and the war in Ukraine.

By Lara Ewen • April 5, 2023

Burberry appoints former McQueen exec amid leadership hiring spree

Klaus Bierbrauer is one of several new appointments to the British luxury brand’s top leadership as it attempts to double leather goods and footwear sales.

By Natalie Schwartz • April 5, 2023

Revlon will wipe out $2.7B in debt as it exits bankruptcy later this month

The cosmetics giant will leave Chapter 11 as a private company in coming weeks, with $285 million in fresh liquidity and $1.5 billion in debt.

By Daphne Howland • April 4, 2023

Authentic Brands Group to acquire Boardriders

Buying Billabong and Quiksilver’s parent company aligns with ABG's goal to grow its international presence.

By Natalie Schwartz • April 4, 2023

Outsiders are taking over fashion companies. Are they here to stay?

Fashion companies are looking beyond their ranks to find leaders who are well versed in technology and supply chain issues.

By Christopher Blomquist • April 3, 2023

Express faces NYSE delisting

The apparel retailer may enact a reverse stock split — subject to board and stockholder approval — in order to reach compliance. 

By Kaarin Moore • April 3, 2023

Roberto Cavalli taps Dsquared2 alum as new CEO

Sergio Azzolari will be expected to continue the brand’s turnaround after it filed for bankruptcy protection in 2019.

By Natalie Schwartz • April 3, 2023

Inventory up 34% at PVH as orders ship faster, earlier

As supply chain disruption eases, the owner of the Calvin Klein and Tommy Hilfiger brands is getting back to normal product flow.

By Ben Unglesbee • April 3, 2023

Under Armour names Steph Curry president of Curry Brand in expanded partnership

As part of the deal, Curry’s influence at the brand will now expand to include golf, women’s, youth and sportstyle categories.

By Cara Salpini • March 31, 2023

Moschino’s general manager, Stefano Secchi, is out

The departure comes after a tumultuous month for the house, which recently saw the exit of Creative Director Jeremy Scott and Michelle Stein, president of parent company Aeffe’s USA division.

By Lara Ewen • March 31, 2023

Lululemon revenue surges 30% in 2022, but Mirror drags down results

The retailer took a $443 million impairment charge on the home workout business in Q4 as it pivots to an app-focused content model.

By Cara Salpini • March 29, 2023

J. Crew undergoes layoffs

The apparel retailer has “made decisions to support efficiency and long-term growth,” according to a company spokesperson. 

By Kaarin Moore • March 28, 2023

Scotch & Soda acquired by Bluestar Alliance

The fashion lifestyle brand filed for bankruptcy in the Netherlands last week, and now joins a portfolio that includes Justice and Brookstone.

By Dani James • March 27, 2023

Fed hikes main rate by quarter-point, notes ‘resilient’ banking system

The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.

By Jim Tyson • March 22, 2023

Nike touts ‘tremendous progress’ on inventory as sales grow 14%

Much of the retailer’s recent revenue surge has been driven by markdowns, analysts said, and inventory is still up 16% year over year.

By Cara Salpini • March 22, 2023

Jeremy Scott exits creative director role at Moschino

The American designer took over in 2013 and brought his signature sense of humor to the whimsical Italian luxury brand.

By Lara Ewen • March 21, 2023